GST Effect: Skoda Slashes Prices By Up To 7.4 per cent

Post-GST, Skoda Octavia and Superb see a maximum price drop of Rs 1.75 lakh and Rs 2.4 lakh, respectively. 

Skoda Auto India joins the bandwagon that has been passing on the benefits from the Goods and Service Tax to car buyers. The Czech automaker has slashed the ex-showroom prices of its products by up to 7.4 per cent. While Skoda has revealed the post-GST prices of the Octavia and the Superb, the updated pricing of the Rapid is yet to be known. 

• Skoda Octavia: Reduction ranges between 4.9 - 7.4 per cent; benefits up to Rs 1.75 lakh     
• Skoda Superb: Maximum reduction of 7.3 per cent; benefits up to Rs 2.4 lakh

Check out: 2017 Skoda Octavia: First Drive Review

The reduction is a result of the implementation of GST from July 01, 2017. Various taxes such as excise duty, value added tax, different cesses etc. have been replaced by GST and the impact for the automotive industry has largely been positive. 

Confused about GST on new cars? Understand the impact of GST on various segments here: Impact of GST On Car Prices In India

Here’s a look at the prices of all the variants of the Superb and Octavia before and after the implementation of the new tax structure:

Prices - Ex-Showroom, Delhi

Model	Price Range Pre GST	Price Range Post GST	Difference
Octavia	Rs 15.83 - 23.35 lakh	Rs 15.57 - 22.15 lakh	Rs 26,000 - 1.2 lakh
Superb	Rs 24.98 - 32.1 lakh	Rs 23.97 - 30.81 lakh	Rs 1.01 - 1.29 lakh

Prices - Ex-Showroom, Mumbai

Model	Price Range Pre GST	Price Range Post GST	Difference
Octavia	Rs 16.48 - 24.31 lakh	Rs 15.57 - 22.15 lakh	Rs 91,000 - 2.16 lakh
Superb	Rs 26 - 33.41 lakh	Rs 23.97 - 30.81 lakh	Rs 2.03 - 2.6 lakh

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